Mars sets new climate change goals to reduce emissions
by Katie Pfaff
Mars, Incorporated has pledged to achieve climate targets across its “value chain” by 2050. The commitment includes to reach net zero greenhouse gas emissions; the agreement applies to three emission types, including agriculture and supply chain. This portion of its action aligns with the goals set out by the Paris Agreement on climate change, and the United Nation’s Intergovernmental Panel on Climate Change.
"The scale of global intervention must be bolder and faster. Climate change is already impacting the planet and people's lives,” said Grant F. Reid, chief executive officer of Mars. “To mitigate this real and tangible threat, the science tells us net zero targets must be broad in their reach, capturing emissions across the entire value chain and plans need to have material, interim targets. We can't wait decades to see progress…To deliver meaningful impact and ensure it is fit for purpose, our net zero target covers our entire GHG footprint, from how we source materials through to how consumers use our products and, we're mobilizing our entire business around taking action now and hitting interim targets every five years.”
The company, which includes pet care companies, products or services, AniCura, BluePearl, Banfield Pet Hospitals, Linnaeus, Pedigree, and VCA, shares the initiative builds on existing efforts launched in 2009 as part of the company’s Sustainable in a Generation plan, to move to fully renewable energy, reduce emissions in an absolute manner (net zero by 2040), and to remove deforestation from its network of suppliers. The company has issued a challenge to its suppliers, which number greater than 20,000, to create their own respective climate initiatives.
"More than three quarters of our impacts are embedded in the materials that we purchase, so we must change what we buy or where we buy it or, perhaps more importantly, how we buy it,” said Barry Parkin, chief sustainability and procurement officer at Mars. "It is also clear that further transformation of agriculture is needed. We will push the boundaries of what is possible through regenerative agriculture, and this will require an acceleration of our work, along with deeper and more integrated partnerships with our suppliers, and stronger government frameworks that incentivize sustainable practices."
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